Monitary Reserves

The IMF said in their recent Bulletin that an Optimum Reserves/GDP Ratio for a developing economy was 10%. Now for 2007 for Iraq, assuming Reserves = $15 Billion and GDP = $85 Billion.. That means the Reserves/GDP Ratio = $15/$85 or 17.6%.. WoW!! That means Iraq can afford a Huge RV!!! I can see it coming!!

Thanks Bubba Dinar

Originally Posted by Bubba Dinar

The IMF said in their recent Bulletin that an Optimum Reserves/GDP Ratio for a developing economy was 10%. Now for 2007 for Iraq, assuming Reserves = $15 Billion and GDP = $85 Billion.. That means the Reserves/GDP Ratio = $15/$85 or 17.6%.. WoW!! That means Iraq can afford a Huge RV!!! I can see it coming!!

Is these figures at IMF Sites? Looks Predictable be these, or do you have a link to exact location. If not, cool. I can just go there and look it up. Thanks.

The IMF said in their recent Bulletin that an Optimum Reserves/GDP Ratio for a developing economy was 10%. Now for 2007 for Iraq, assuming Reserves = $15 Billion and GDP = $85 Billion.. That means the Reserves/GDP Ratio = $15/$85 or 17.6%.. WoW!! That means Iraq can afford a Huge RV!!! I can see it coming!!

Hello everyone. I have seen estimates of currency reserves at 16.5 B and one for 18Billion. Either way, that would improve the ratio. Also, what about gold? These figures don't include what has previously been report to be very high. All in all these are very good fundamental numbers. Thank You.